LOS ANGELES (Reuters) – The jury has reached a verdict in a courtroom battle between Trust Corporation of the West and former investment chief Jeffrey Gundlach, concluding a six-week trial that has transfixed the financial industry.
The Los Angeles Superior Court jury’s verdict — after just two days of deliberations — will be released Friday morning.
The legal showdown between the “king of bonds” and the unit of French bank Societe Generale <SOGN.PA> had offered an insider’s view into money management firms and the outsized personalities that operate them.
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